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Hirings; Amalgamated Bank of Chicago.

Article Excerpt
CHICAGO - Amalgamated Bank of Chicago hired Transamerica Investment Management to subadvise a new investment-grade fixed-income portfolio for Amalgamated's union, multiemployer and Taft-Hartley clients, said David Lubchenco, principal and managing director at Transamerica Investment Management, which has $17.4 billion in assets under management. Robert Wrobel, Amalgamated president and chief executive officer, could not be reached for further details.

Banco de Guatemala

GUATEMALA CITY - Banco de Guatemala hired State Street Corp. as global custodian, confirmed Carolyn Cichon, a State Street spokeswoman. State Street will also provide accounting and performance measurement services for the bank's $3.3 billion in assets.

"We went through a rigorous selection process to consolidate our global custody services with one single provider,'' Edwin Matul Ruano, general manager of Banco de Guatemala, said in a news release.

Further information was not available.

Chicago Transit Authority

CHICAGO - The Chicago Transit Authority's Retirement Plan for CTA Employees hired hedge fund-of-funds firms Attucks Asset Management, Lyster Watson and BlackRock as well as Deerfield Capital Management and two other hedge fund firms to run a combined $65 million in the plan's first allocation to hedge funds, said Andrew Kelsen, director of alternative investments at plan consultant Gray & Co. Mr. Kelsen would not identify the two hedge funds, and he declined to say...

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